Logistics and Supply Chain Management (LGMT)
LGMT 536 Purchasing for Logistics and Supply Chain Managers 3 Credits (3,0)
This course addresses the critical role of purchasing in supply chain management. The course begins with a review of the basic components of purchasing followed by a discussion of the role of purchasing in the supply chain and how it contributes to the strategy and profitability of the enterprise. The course also addresses the legal aspects of purchasing and the relationship between purchasing and inventory management, materials management, just-in-time manufacturing, and manufacturing resource planning. Global sourcing and the role of supply chain partnerships are also addressed, along with how to evaluate, bargain, and negotiate with suppliers. Other topics include the relationship between purchasing and quality assurance; different pricing methods; the use of different pricing strategies for different transportation modes; and the role of purchasing in evaluating capital investments as well as professional services.
LGMT 636 Transportation Management 3 Credits (3,0)
Transportation plays a key role in today's global economy. The focus of this course is on understanding the technical, operational, and economic characteristics of the different freight and package transportation modes and their application in integrated physical distribution systems. This course addresses regional, national, and international passenger transportation and explores the impact of the different transportation modes, transportation intermediaries, and intermodality on small package, freight, and passenger systems. The course also addresses national and international regulatory constraints and their impact on passenger transportation and global supply chain management. Additional topics include carrier and shipper strategies; alliance management and the use of third parties; transportation metrics; transportation security; and the role of information technology in modern transportation management.
LGMT 680 Discrete Event Simulation Modeling 3 Credits (3,0)
Simulation refers to a collection of methods to mimic the behavior of real systems. The focus of this course will be simulation modeling of discrete event systems using simulation software ARENA. Introduction to the theory and application of systems simulation will be provided. The topics include, modeling systems dynamics using discrete events, modeling manufacturing-oriented and service-oriented systems, random variable generation, model verification and validation, and statistical analysis of output. Prerequisites: Satisfactory completion of an introductory statistics course, and/or permission of the Graduate Program Chair.
LGMT 682 Integrated Logistics Management 3 Credits (3,0)
The focus of this course is on integrated logistics management. Although different organizations define the concept differently, at its core, integrated logistics is all about the systematic management of activities associated with the delivery of goods and services to meet customer needs. As a result, this courses addresses the cross-functional management of a number of activities including sourcing, procurement, packaging, in-bound transportation, warehousing, inventory management, distribution, customer service, and reverse logistics where appropriate. Additional topics include the concept of life cycle cost, outsourcing, performance management, international logistics, and the role of web and EDI in managing the logistics information needs of the enterprise. Case studies and problems are used throughout the course to highlight important principles and best practices in integrated logistics management.
LGMT 683 Supply Chain Management 3 Credits (3,0)
The focus of this course is on supply chain management. Topics include the evolution and objective of supply chain management; the major stages and processes involved in planning and managing supply chains; and why the concept of strategic fit is so important to supply chain managers. Successful students will also understand the major drivers of supply chain performance; key metrics for managing performance; and how to plan and forecast demand under conditions of uncertainty to meet desired customer service levels. This course also addresses the purpose and content of the Supply Chain Operations Reference (SCOR) Model. Case studies and problems are used throughout the course to highlight important principles and best practices in supply chain management.
Prerequisites: MGMT 524.
LGMT 685 Global Logistics and Supply Chain Management 3 Credits (3,0)
Today, globalization is affecting almost every aspect of the world's economy - and the world's economy is sustained by global logistics. The focus of this course is on understanding the role of logistics and supply chain management in meeting the needs of the transnational enterprise, from the sourcing of raw materials through delivery of the finished product to the final customer. The course addresses the role and scope of logistics in the global economy; key strategies for supporting different market entry alternatives; the impact of different transportation modes on international supply chain management; the use of international commerce terms and contracts; the impact of exchange rates on supply chain profitability; supply chain security; and the role of global supply chain management as a key source of competitive advantage. A number of case studies are also analyzed throughout the course to highlight important principles and best practices in global logistics and supply chain management.
LGMT 691 Logistics and Supply Chain Management Capstone 3 Credits (3,0)
This course is designed to provide students with the opportunity to apply and demonstrate knowledge gained throughout the program. This will be accomplished utilizing a logistics and supply chain management portfolio. Demonstration of understanding of the full spectrum of logistics and supply chain management will include the following topics: sourcing, procurement, contracting, warehousing, inventory management, transportation, integrated logistics and supply chain management, logistics and supply chain security, global logistics and supply chain management, and ethics.Prerequisites: This course is a part of an integrated program. Each course builds on knowledge and skills developed in previous courses. These courses are not stand-alone courses and the degree is not just an assemblage of independent courses. Prerequisites must be enforced. All students must have completed the entire LGMT series of courses and the core MSLSCM required core courses prior to attempting this course. Permission of the instructor for waiver of prerequisites is NOT applicable for this class.